UNDP and Energy Saving Agency sign Memorandum of Cooperation

The United Nations Development Program (UNDP) and the Ukrainian State Agency for Energy Efficiency and Energy Savings (SAEE) signed a memorandum of cooperation in the field of development of the “green finance market” And improving energy efficiency in Ukraine.

According to Ukrinform, this was reported by the press service of the SAEE.

“Ukraine has great potential for energy efficiency in all sectors of the economy. Various tools, particularly financial, are necessary for its implementation. The expansion of ‘green’ financing, in particular with the support of UNDP, will become an engine of change, help reduce barriers and launch many energy efficiency projects, ”said SAEE Director Valeriy Bezus .

According to him, in the concluded memorandum, the parties will intensify their cooperation to support a more sustainable economic development of Ukraine and will mainly focus on the development of the market of “green” financing. The cooperation will also include work on the legal framework for the introduction of an energy guarantee, the creation of a national energy monitoring information system, as well as the implementation of the requirements of the European directives on energy efficiency.

As reported, on October 27, 2021, the chairman of the Verkhovna Rada Ruslan Stefanchuk signed the Law “On Energy Efficiency”, which aims to create the conditions for improving the efficiency of the use of fuels and energy resources by Ukraine.

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